DS Smith Plc (OTCMKTS:DITHF)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $5.75 and last traded at $5.75, with a volume of 3000 shares trading hands. The stock had previously closed at $5.75.
DITHF has been the subject of a number of research reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of DS Smith in a research note on Thursday, March 4th. Credit Suisse Group started coverage on DS Smith in a research note on Thursday, March 25th. They set a “neutral” rating for the company. Zacks Investment Research lowered DS Smith from a “buy” rating to a “hold” rating in a research note on Wednesday, April 28th. Berenberg Bank raised DS Smith from a “hold” rating to a “buy” rating in a research note on Wednesday, March 17th. Finally, Bank of America lowered DS Smith from a “buy” rating to a “neutral” rating in a research note on Monday, February 8th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. DS Smith presently has an average rating of “Hold” and an average price target of $6.25.
The firm has a fifty day moving average price of $5.54 and a two-hundred day moving average price of $4.98. The stock has a market capitalization of $6.16 billion, a PE ratio of 13.70 and a beta of 0.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.86 and a quick ratio of 0.63.
DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods. The company offers transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides packaging consultancy services.
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